We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Almost finished

10 April 2012 By Robert Cyran

Bain and Blackstone paid $6 bln for the U.S. crafts retailer near the top of the cycle in 2006. The bad timing was papered over by the success of scrapbooking and beading as cheap family fun in the downturn. That should enable the firms to chalk up a modest return in an IPO.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)